Controversial VAT limit raised to 350 kroner

NTB/The Local
NTB/The Local - [email protected] • 21 Nov, 2014 Updated Fri 21 Nov 2014 11:04 CEST
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The highly debated duty-free limit for imported goods has been finally set at 350 kroner by the Norwegian government, on Friday.

The government raised the limit from 200 kroner ($30) to 350 kroner ($52), according to TV 2.

They originally wanted to increase the limit to 500 kroner ($75), but opposition parties and Norwegian businesses were against the move.
Ecommerce entrepreneur Eric Sandtrø terminated his membership with the Progress Party as a result of the government's decision, while Norway's largest ecommerce agency, Komplett in Sandefjord, put a building project of around 300 million kroner on ice, reported NTB.
The first reaction of Ole Vinje, CEO of Komplett, on the final VAT limit figure: "This is a result we can live with.”
Vinje pointed out that it is important for his company to get long term predictability. It is too early for him to say anything on whether the 350 kroner VAT limit is sufficient to offer that safety.
With the 350 kroner limit in mind, Komplett will re-commence their building project, but will take time to re-evaluate.
Vinje also spoke of new concerns to NTB: “There is reason to assume that shipping costs will be part of the 350 kroner.”
Vinje demanded that the government begins an investigation to get a full overview about the consequences of an increased duty-free internet commerce limit.



NTB/The Local 2014/11/21 11:04

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